"Transfer to Regular" Event Type For Consignment Transactions Are Not Posting To Inventory Account
(Doc ID 2751182.1)
Last updated on JULY 28, 2022
Applies to:
Oracle Process Manufacturing Financials - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
On : 12.1.3 version, Subledger Accounting
ACTUAL BEHAVIOR
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Found for the Event Type: "Transfer to Regular" for Event Class: Deliver to or Return from Inventory for Purchasing Consignment transactions are not posting correctly.
After running the OPM Accounting Pre-processor the results are:
Inventory is accounted at zero.
Credit: AP Accrual at PO price
Debit: PPV at cost variance
EXPECTED BEHAVIOR
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The postings expected are:
Debit: AP Accrual at PO price
Credit: Inventory at standard cost
Debit/Credit: PPV at cost variance
STEPS
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The issue can be reproduced at will with the following steps:
1. Created PO, received it and consumed it in Batch and/or moved it to regular subinventory using Move to regular transaction. Created Consumption Advice.
2. In OPM Financials, run the OPM Accounting Pre-processor.
3. Check postings for Event Type Name: Transfer to Regular
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |